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News
Notice Of A Director's (Including A Director Who Is A Substantial Shareholder) Interest And Change In Interest
| Part I |
| 1. |
Date of notice to issuer |
06/03/2008 |
| 2. |
Name of Director |
Zhong Sheng Jian |
| 3. |
Notice Type |
Notice of a Director's (including a director who is a substantial shareholder) Interest and Change in Interest.
|
| Part II |
| 1. |
Date of change of Deemed Interest |
06/03/2008 |
| 2. |
Name of Registered Holder |
Yanlord Holdings Pte. Ltd. |
| 3. |
Circumstance(s) giving rise to the interest or change in interest |
Open Market Purchase
Purchase of an aggregate of 1,200,000 ordinary shares in Yanlord Land Group Limited ("Company") on 5th and 6th March 2008 at an average unit price of S$2.135. (Refer to Note 1) |
| 4. |
Information relating to shares held in the name of the Registered Holder |
| |
| No. of Shares held before the change |
1,271,000,000 |
| As a percentage of issued share capital |
69.61 % |
| No. of Shares which are subject of this notice |
1,200,000 |
| As a percentage of issued share capital |
0.066 % |
| Amount of consideration (excluding brokerage and stamp duties) per share paid or received |
2.135 |
| No. of Shares held after the change |
1,272,200,000 |
| As a percentage of issued share capital |
0.11 %
|
|
| Part III - Not Required |
| Part IV |
| 1. |
Holdings of Director, including direct and deemed interest : |
| |
| |
Direct |
Deemed |
| No. of shares held before the change |
1,987,000 |
1,271,000,000 |
| As a percentage of issued share capital |
0.11 % |
69.61 % |
| No. of shares held after the change |
1,987,000 |
1,272,200,000 |
| As a percentage of issued share capital |
0.11 % |
69.68 % |
| Footnotes |
Mr Zhong Sheng Jian is deemed to be interested in the shares of the Company held by Yanlord Holdings Pte. Ltd., a company owned by Mr Zhong Sheng Jian (95% shareholding interest) and his wife, Mrs Zhong Lin Miao Jun (5% shareholding interest).
Percentages of issued share capital are computed based on 1,825,814,476 issued shares as at 7 March 2008.
Note 1: The average price of S$2.135 per share is derived by averaging the prices of shares purchased on 5th and 6th March 2008. Details of which are as follows:-
1) Open market purchase of 600,000 shares of the Company at an average price of S$2.077 on 5 March 2008.
2) Open market purchase of 600,000 shares of the Company at an average price of S$2.194 on 6 March 2008.
The initial public offering for the shares of the Company was joint lead managed by HL Bank and CLSA Merchant Bankers Limited ("Managers"). The Managers assume no responsibility for the contents of this announcement.
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